Category: Motors Liquidation Trust

MLC ASBESTOS PI TRUST
c/o Wilmington Trust Company
1100 N. Market Street
Wilmington, DE 19890-1625

August 29, 2024

Section 4.2 of the Trust Distribution Procedures requires that the Trustee of the MLC Asbestos PI Trust reconsider the payment percentage no less frequently than once every three years. Accordingly, and upon the recommendation of the Trust’s advisors, the Trustee deems such reconsideration to be appropriate at this time, and has directed the Trust’s advisors to provide a report and recommendations regarding a reconsidered payment percentage.

The Trustee will re-determine the payment percentage not less than thirty (30) days from the date of this letter. Claimants that receive a release prior to the announcement of a proposed payment percentage change will have until the later of (i) the date of the proposed payment percentage change or (ii) thirty (30) days following receipt of that release to return a properly executed release in order to qualify to receive the current payment percentage. If, after the consultation and consent requirements of the TDP and Trust Agreement have been met, a revised payment percentage is adopted by the Trust that is higher than the current payment percentage, claimants who received payments based on a lower payment percentage shall receive a supplemental payment.

Please be aware that failure to return a release within thirty (30) days of receipt could adversely affect your rights.

MLC Asbestos PI Trust

CRMC would like to announce that we are now accepting claim filings via Web Services for the MLC Trust. We have developed Web Services for MLC to meet the needs of high volume filers looking to file MLC claims. 

To utilize this service we require users to demonstrate an ability to perform some basic tasks with our development system. If you are interested please send an email to inquiry@claimsres.com for more information.

Simplebatch is now available for MLC. For further information please see https://sites.google.com/a/claimsres.com/info/bulkupload/simplebatch.

CRMC will begin accepting claims for the Motors Liquidation Trust (MLC Trust) on Wednesday, February 15, 2023 at 6:00 AM ET.

If your law firm has not provided your Hybrid Filer Agreement and User Administrator (UA) letter you will not have access to file claims until you do. Those documents should be emailed to DSnow@claimsres.com. If your firm has provided documents, the designated User Administrator has been given permissions. They will set up the appropriate users at the firm. Please reach out to your firm’s UA before reaching out to us if you don’t see MLC in the drop-down.

The law firm filing documents have been added to the MLC documents tab. Please execute and return to Donita Snow at dsnow@claimsres.com. Since we have been conducting payments for MLC these are the only two required documents.

CRMC is pleased to announce we will be the processor for the Motors Liquidation Trust (MLC). We are working on updating eClaims to accommodate Trust claims and will keep you posted on our progress. You will need new filing documents for the Trust and we will let you know once they are available on our website.